The business incurs some liability. Which of the following is an example of liability ? O a. cash. O b. Salary paid O c. unearned revenue O d. prepaid insurance.
The business incurs some liability. Which of the following is an example of liability ? O a. cash. O b. Salary paid O c. unearned revenue O d. prepaid insurance.
Chapter1: Financial Statements And Business Decisions
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![The business incurs some liability. Which of the following is an example of liability ?
O a.
cash.
O b. Salary paid
O c. unearned revenue
O d. prepaid insurance.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F139f8e8a-8df6-4a4e-aeb4-cc89d0b6801d%2Fb7ef1e17-0ad1-4cae-b5ed-a7f487daaed6%2Frckl96l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The business incurs some liability. Which of the following is an example of liability ?
O a.
cash.
O b. Salary paid
O c. unearned revenue
O d. prepaid insurance.
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